Investors / Belgium / Finindus
Finindus
Venture capital · Zwijnaarde, Belgium · Europe
Finindus is a Belgium-based investment company funded by ArcelorMittal and the Flemish Region and linked to OCAS, a metals research centre. It provides early stage and growth financing, both equity and debt, to innovative technology companies.
Invests inIndustrial & ManufacturingAI & Machine Learning
In its own wordsmaterialssustainable manufacturingindustry 4.0steelindustrial technologydecarbonization
Your fit with Finindus
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsFinindus lists 20 checked portfolio companies on its own site and is named in 4 funding rounds. Its most frequent entry is Series A, 50% of the companies with a known first round. Its largest themes are Industrial & Manufacturing (45%), AI & Machine Learning (21%) and Education (8%). It invests most often alongside PMV, Asahi Kasei Ventures and AP Ventures.
Counts come from funding rounds that name Finindus, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Round figures show recent activity, not Finindus' whole history. Rounds on record name 4 companies; its own site lists 20. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 25% |
| Series A | 50% |
| Series B | 0% |
| Growth | 25% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 0 | 0 |
| '25 | 3 | 0 |
| '26 | 1 | 0 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 51th | 20 companies |
| Recent activity | 69th | 2 rounds in 12 months |
| Early stage | 60th | 25% of entries at pre-seed or seed |
| Evidence | 86th | 15% of companies confirmed by a round |
| Sector focus | 79th | 45% in its largest sector |
| Reach | 93th | 9 countries |
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Industrial & Manufacturing | 45% | 7% |
| AI & Machine Learning | 21% | 18% |
| Education | 8% | 7% |
| Climate & Energy | 5% | 1% |
| Mobility & Logistics | 5% | 1% |
| E-commerce & Marketplaces | 5% | 6% |
| Enterprise Software | 3% | 8% |
| Space & Defense | 3% | 3% |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| PMV | 3 |
| Asahi Kasei Ventures | 2 |
| AP Ventures | 1 |
| APEX Ventures | 1 |
| Amadeus Capital Partners | 1 |
| Aramco Ventures | 1 |
| Astanor | 1 |
| CDP Venture Capital | 1 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers20100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Co-investor network
who it backs companies with, and who they back togetherCompare Finindus head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Finindus| Date | Company | Stage |
|---|---|---|
| 12 May 2026 | Seed | |
| 11 Dec 2025 | Series A | |
| 23 Oct 2025 | Series A | |
| 14 Sept 2025 | Series C+ |
Round details for Finindus
Amounts, full round histories and every co-investor in Finindus' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
20 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| Borit specializes in the development and manufacturing of high-precision metal bipolar plates for fuel cells and electrolyzers | Industrial & ManufacturingEducation | Portfolio page | ||
| Calyos helps engineers design high-performance, passive two-phase cooling systems. | AI & Machine LearningAI & Machine Learning | Portfolio page | ||
| Corrosionradar enables oil, gas, and petrochemical operators to proactively manage corrosion under insulation risk, protect uptime, and improve asset reliability. | Industrial & ManufacturingE-commerce & Marketplaces | Portfolio page | ||
| Expanite provides surface hardening and heat treatment solutions for various metals and industries. | Industrial & ManufacturingAI & Machine Learning | Portfolio page | ||
| HyperHeat delivers cost-competitive, zero-emission, high-temperature heat solutions to energy-intensive industries | Industrial & Manufacturing | Portfolio page | ||
| Immaterial develops and supplies advanced materials and systems solutions for energy transition applications, including carbon capture and hydrogen storage. | Industrial & ManufacturingClimate & Energy | Oct 2025Series A | Page + round | |
| IMSystems develops and manufactures traction drive speed reducers for robotics and precision automation | Industrial & ManufacturingRobotics & Hardware | Portfolio page | ||
| Ionomr Innovations Inc. develops advanced ion-exchange membranes and polymers for various applications, including hydrogen production and fuel cells. | Industrial & ManufacturingEducation | Portfolio page | ||
| Juunoo provides modular construction products such as office pods, solid walls, and glass wall partitions for workplaces. | Real Estate & Construction | Portfolio page | ||
| Kraftblock develops and supplies thermal storage systems for industries to use renewable energy and increase energy efficiency | Industrial & ManufacturingSpace & Defense | Portfolio page | ||
| OTIV builds assistance and autonomous solutions for rail | Industrial & ManufacturingMobility & Logistics | Dec 2025Series A | Page + round | |
| Power to Hydrogen produces hydrogen through water electrolysis for industrial applications, energy storage, and grid reliability. | Industrial & ManufacturingEducation | Portfolio page | ||
| PowerCell develops and provides hydrogen fuel cell systems and technology for various applications, including aviation, marine, and power generation. | Industrial & ManufacturingClimate & Energy | Portfolio page | ||
| Robovision provides industrial vision intelligence infrastructure for various industries, including semiconductor, food, manufacturing, and horticulture. | Industrial & ManufacturingAI & Machine Learning | Portfolio page | ||
| Sentea develops and provides FBG interrogators for structural health monitoring and other applications | Industrial & ManufacturingAI & Machine Learning | Portfolio page | ||
| Tretau produces sustainable, solvent-free, high performance magnet wire for various industries, including automotive, industrial, and aerospace | Industrial & ManufacturingAI & Machine Learning | Sept 2025Series C+ | Funding round | |
| Tau develops and deploys next-generation power conversion technology to enable an electric world. | Industrial & ManufacturingAI & Machine Learning | Portfolio page | ||
| Ventory gives enterprise teams real-time control of inventory in engineer vans, forward stocking locations, project sites, and consigned stock at customer locations. | Enterprise SoftwareE-commerce & Marketplaces | May 2026Seed | Page + round | |
| Wizata provides industrial AI platform for closed-loop automation at industrial scale | Industrial & ManufacturingAI & Machine Learning | Portfolio page | ||
| XenomatiX provides a comprehensive road management platform supporting municipalities and paving contractors with high-quality pavement data, and road maintenance planning. | Mobility & LogisticsIndustrial & Manufacturing | Portfolio page |
About this data
site last read 5 Nov 2026- Site
- finindus.be
- Last read
- 5 Nov 2026
- Watching since
- 5 Nov 2026
- Rounds since
- 14 Sept 2025
- Companies checked
- 20
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Finindus' profile as data
Pull Finindus' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
Work email, sign-in link by email. Already have an account? Log in- Ask AI5 plain-English investor searches a day
- Full listsEvery portfolio row and two-firm overlap
- API and MCP100 REST or MCP calls a month, one key
- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
https://api.vcinfo.io/v1/firms/finindus.be
# also
GET /v1/firms/finindus.be/portfolio
GET /v1/firms/finindus.be/coinvestors
GET /v1/firms/finindus.be/news